14 December 2012, 06:48

Obama to sign into law abolishment of Jackson-Vanik amendment

Obama to sign into law abolishment of Jackson-Vanik amendment

U.S. President Barack Obama today signs into law the abolishment of the Jackson-Vanik trade amendment and the so-called "Magnitsky Act". This is reported by the press service of the White House.

The corresponding bill, proposed and passed by the House of Representatives of the U.S. Congress, was approved by the Senate a week ago.

In a statement on the adoption of the bill by the Senate, Obama previously noted that the abolition of the Jackson-Vanik foreign trade amendment will allow American business and American workers to reap all the benefits in the name of which the U.S. had conducted intensive negotiations.

In addition, the president vowed his administration’s continued support for those who uphold the values of democracy in Russia. He reminded that the law simultaneously provides for introduction of visa and economic sanctions against a number of Russian officials allegedly involved in human rights violations.

Russia’s Public Chamber supports counter - Magnitsky bill

Russia’s Public Chamber has supported and approved a draft bill imposing sanctions against abusers rights of Russian citizens.

The Chamber met in Moscow today to consider the bill which will be reviewed by the Russian Duma tomorrow.

The bill is a response to the US-adopted Magnitsky bill imposing sanctions on Russian officials allegedly linked to the death of the Hermitage Capital lawyer Sergey Magnitsky.

The deputy secretary of the Public Chamber Vladislav Grib said that the law is violating all legal norms and is nothing but a means of political and administrative pressure.

Putin calls for ‘adequate’ response to Magnitsky Act

Russia’s response to the US Senate’s Magnitsky Act should be “adequate, but not extreme,” President Vladimir Putin said Thursday.

“Of course, we should respond in like manner,” Mr. Putin stressed. “The Foreign Ministry said they will, and I think it’s absolutely right that the State Duma has taken up the task.”

“We must make sure now the steps we take are adequate but not extreme,” he added.

Russian President Vladimir Putin on Thursday criticised U.S. legislation designed to punish Russian violators of human rights, calling it a "purely political, unfriendly act."

Putin spoke one week after the U.S. Senate approved a bill that would require the United States to deny visas and freeze the assets of people involved in the abuse and death of Sergei Magnitsky, a Russian anti-corruption lawyer who died in a Moscow jail in 2009, and other alleged rights violators.

Putin criticises US bill to punish Russian rights abusers

Russian President Vladimir Putin on Thursday criticised U.S. legislation designed to punish Russian violators of human rights, calling it a "purely political, unfriendly act."

Putin spoke one week after the U.S. Senate approved a bill that would require the United States to deny visas and freeze the assets of people involved in the abuse and death of Sergei Magnitsky, a Russian anti-corruption lawyer who died in a Moscow jail in 2009, and other alleged rights violators.

US-Russia reset on course - official

America’s relations with Russia remain unchanged as they base on cooperation in areas of mutual interest, on a sincere and open-hearted discussion of existing differences, National Security Council spokeswoman Cathleen Hayden said, responding to President Vladimir Putin’s Wednesday State of the Nation address to parliament.

Earlier reports pointed to growing tensions between the two nations over the passage by US Congress of the so-called Magnitsky Act, imposing travel bans on a number of Russian officials.

Anti-Magnitsky bill to include Americans charged with child abuse - Astakhov

More than 20 US citizens against whom criminal charges have been brought in Russia may be included into a Russian bill that mirrors the Magnitsky Act passed by the US Congress, children’s ombudsman Pavel Astakhov said on Tuesday.

Earlier, the US Senate approved the Magnitsky Bill that imposes visa restrictions and other sanctions against Russians who, according to US lawmakers, are involved in alleged human rights violations.

On Monday, Mr Astakhov said he would back the proposal that the ‘Magnitsky counter-list’ include the names of American nationals who abused or abetted the abuse of adopted Russian orphans in the United States.

By next Monday, the ‘Magnitsky counter-list’ bill should pass committee-level preparation for its second reading in Parliament.

Voice of Russia, RIA, Reuters, TASS

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